ACG2011

ACG

2011

Accounting II

This course continues the study of financial accounting with an emphasis on long-lived assets, liabilities, stockholders equity, the statement of cash flows, and financial statement analysis. Students learn to account for the acquisition, depreciation, amortization, and disposal of tangible and intangible assets, as well as the recognition and reporting of current and long-term liabilities, including bonds and leases. The course explores equity transactions such as issuing stock, paying dividends, and managing treasury stock while developing skills in preparing and interpreting the statement of cash flows using both direct and indirect methods. Students also perform ratio, vertical, and horizontal analyses to evaluate liquidity, profitability, and solvency, integrating these tools to interpret financial information and support sound business and investment decisions.

NOTE: ACG 2021 Financial Accounting is a combination of ACG 2001 Accounting I and ACG 2011 Accounting II.

Spring

ACG 2001